ProNvest, as an extension of its advice and managed
account services, receives notification of the rollover
event, documents the balance and source of all funds and
creates the rollover transaction, according to a news
release. ProNvest will execute the discretionary rollover
into an IRA account.
ProNvest will provide all information to open the account
and facilitate the transfer of the account from the
qualified plan to an appropriate Safe Harbor instrument,
the announcement said.

This rollover is available to all SunGard ASP and
full service customers as an integrated module of
OmniOnline, and is also offered as a licensed solution
for OmniPlus and Relius Administration, the news release
said.

Starting March 28, 2005, plan sponsors with qualified
retirement plans, 401(k) plans, 403(b) plans, or 457(b)
plans, will be required to roll over involuntary cash-out
distributions worth more than $1,000 but no more than
$5,000, rather than making a taxable distribution directly
to the participant.